Sunningdale Tech Ltd President Lee Chien Hui Elected New Chairman of SBF
Sunningdale Tech Ltd President Lee Chien Hui has been elected as the new chairman of the Singapore Business Federation (SBF), succeeding former chairman Chang Song Seng, who had earlier announced a temporary leave and would not seek re-election.
SBF held its 24th annual general meeting on Wednesday (June 24) and elected the 13th Council, with a two-year term ending in 2028.
SBF said in a statement that the new council comprises 24 members: 12 elected members, 11 representatives from trade associations and chambers, and one co-opted member.
The new council includes six new members: Adam Click, Chairman of the American Chamber of Commerce in Singapore; Mok Siong Xiang, President of the Restaurant Association of Singapore; Lee Teck Ming, Chairman of SGTech; and Suhaimi Zainul-Abidin, CEO of hedge fund Quantedge Capital.
Future Ready Business Dialogue Explores How Companies Can Enhance Resilience
During the AGM, SBF also held the fifth Future Ready Business Dialogue, with guest of honor Minister for Public Service and Defence Chan Chun Sing.
The dialogue, themed "System-Wide Readiness: What Changes Must Government and Business Make?", gathered business executives and policymakers to discuss how companies can enhance resilience, build future-ready capabilities, and cope with growing uncertainties.
Lee Chien Hui: Ensuring Competitive and Resilient Businesses for the Future
New chairman Lee, also a Nominated Member of Parliament, said in the statement that geopolitical tensions, rapid AI development, and shifting trade patterns are reshaping the global economy, bringing both challenges and opportunities.
Lee said: "My priority is to ensure businesses remain competitive, resilient, and ready for the future. We will work closely with businesses, government, and industry partners to develop practical solutions, foster a pro-business environment, and help companies build capabilities for innovation, internationalization, and steady growth."
He also noted that Singapore will chair ASEAN next year, offering an opportunity to deepen regional economic integration and strengthen ASEAN as a key engine of global growth. "SBF will work with regional partners to turn these opportunities into tangible business outcomes and drive a more connected, innovative, and sustainable ASEAN."
Lee previously served as SBF Vice Chairman and Treasurer. He also acted as chairman during Chang Song Seng's temporary leave.
Chang, 71, said in a statement in May that he would not seek re-election after his term as SBF chairman ended on June 24. He had earlier temporarily stepped down from his roles as SBF chairman, Executive Chairman of Pacific International Lines, and other positions to address charges by the US Department of Justice. Lianhe Zaobao previously reported that the US charged him with participating in a conspiracy to fix the price of dry cargo containers.
